Analysis of the American trading session

During the American session on Thursday, March 15, 2013, the US dollar strengthened its positions against most of the major market currencies. Support for the US currency had positive statistical data and an increase in the yield of 10-year US government bonds. Published statistics on the US indicated a decrease in the number of applications for unemployment benefits, as well as improvements in the manufacturing sector. For more details, look “The US dollar remains positive mood“.

Also, the growth of demand for the US dollar was facilitated by news about the introduction of new sanctions by the States against Russia. As reported in Euronews, the US administration for the first time applied a new law “On Countering America’s Opponents Through Sanctions” to impose sanctions on Russian citizens and organizations. For more details look “New US sanctions against Russia”

Alexander Sivtsov